5 Best Performing ETFs in 2022

3. Simplify Interest Rate Hedge ETF (NYSE:PFIX)

YTD Share Price Gain as of December 9: 71.36%

Simplify Interest Rate Hedge ETF (NYSE:PFIX) aims to hedge interest rate movements arising from increasing long-term interest rates and to benefit from market stress when fixed income volatility heightens. T­he ETF holds a significant position in over-the-counter (OTC) interest rate options which offer a direct and transparent convex exposure to huge upward moves in interest rates and interest rate volatility. Simplify Interest Rate Hedge ETF (NYSE:PFIX) has an expense ratio of 0.50% and the total assets exceeded $355 million as of December 9. The fund offers a 30-day SEC yield of 2.26% and distributes dividends monthly. With shares up over 71% year-to-date as of December 9, Simplify Interest Rate Hedge ETF (NYSE:PFIX) is one of the best performing ETFs this year.